ELCP -SMALL TEST QUESTIONS WITH
100% CORRECT ANSWERS.
(M1) What is organizational ethics?
Right or wrong, acceptable or unacceptable conduct in an organizational environment
(M1) Which of the following statements is true about ethics?
Unethical conduct is not always black and white.
(M1) Why would an organization not want to rely solely on an individual's personal ethics?
Individual personal values differ significantly and can result in unethical conduct.
(M1) Which of these is the least likely to influence an individual's personal ethics?
Regulatory guidance
(M1) Which definition best describes organizational ethical leadership
Influencing others to ethically achieve company goals.
(M1) Leaders who display good character______________.
take responsibility for ethically meeting stakeholder needs.
(M1) What is the first step organizations must take to meet the needs of their stakeholders?
Gather data on the company's stakeholders.
(M1) Which of these stakeholders is a secondary stakeholder?
Special-interest groups
(M1) Why would it be a mistake to ignore secondary stakeholders?
They can be an ally or a threat to an organization.
(M1) What is true about how ethical leaders should perceive stakeholders?
Ethical leaders view stakeholders as important co-contributors of firm value.
, (M1) Which statement is true regarding the aftermath of the financial crisis
Consumer trust of business hit a low point.
(M1) What is true about ethical leaders?
Ethical leaders place company interests above their own.
(M1) What is one way that ethical leaders can empower employees?
Creating an open communication environment.
(M1) What are the benefits of ethical leadership?
Employees are more willing to work for ethical companies.
(M1) What is one of the biggest ethical risks that companies face?
Complacency
(M1) According to Howard Schultz, which of the following is true about ethical leadership?
It is about finding a way to balance between profitability and social consciousness.
(M1) What similarity do ethical leaders share that contributes to their firm's ethical
cultures?
They have the ability to align employees behind a common vision.
(M1) Which statement is true about the ethical decision-making of leaders?
Ethical leaders must often make trade-offs regarding stakeholder demands.
(M1) Which of the following differentiates ethical leaders from less ethical leaders?
"How they respond to mistakes"
(M1) Why might ethics mistakes actually improve an organization in the long-run?
They give the firm an opportunity to learn from its mistakes.
(M1) What likely contributed to the flawed corporate culture at Countrywide Financial?
A flawed incentive system
100% CORRECT ANSWERS.
(M1) What is organizational ethics?
Right or wrong, acceptable or unacceptable conduct in an organizational environment
(M1) Which of the following statements is true about ethics?
Unethical conduct is not always black and white.
(M1) Why would an organization not want to rely solely on an individual's personal ethics?
Individual personal values differ significantly and can result in unethical conduct.
(M1) Which of these is the least likely to influence an individual's personal ethics?
Regulatory guidance
(M1) Which definition best describes organizational ethical leadership
Influencing others to ethically achieve company goals.
(M1) Leaders who display good character______________.
take responsibility for ethically meeting stakeholder needs.
(M1) What is the first step organizations must take to meet the needs of their stakeholders?
Gather data on the company's stakeholders.
(M1) Which of these stakeholders is a secondary stakeholder?
Special-interest groups
(M1) Why would it be a mistake to ignore secondary stakeholders?
They can be an ally or a threat to an organization.
(M1) What is true about how ethical leaders should perceive stakeholders?
Ethical leaders view stakeholders as important co-contributors of firm value.
, (M1) Which statement is true regarding the aftermath of the financial crisis
Consumer trust of business hit a low point.
(M1) What is true about ethical leaders?
Ethical leaders place company interests above their own.
(M1) What is one way that ethical leaders can empower employees?
Creating an open communication environment.
(M1) What are the benefits of ethical leadership?
Employees are more willing to work for ethical companies.
(M1) What is one of the biggest ethical risks that companies face?
Complacency
(M1) According to Howard Schultz, which of the following is true about ethical leadership?
It is about finding a way to balance between profitability and social consciousness.
(M1) What similarity do ethical leaders share that contributes to their firm's ethical
cultures?
They have the ability to align employees behind a common vision.
(M1) Which statement is true about the ethical decision-making of leaders?
Ethical leaders must often make trade-offs regarding stakeholder demands.
(M1) Which of the following differentiates ethical leaders from less ethical leaders?
"How they respond to mistakes"
(M1) Why might ethics mistakes actually improve an organization in the long-run?
They give the firm an opportunity to learn from its mistakes.
(M1) What likely contributed to the flawed corporate culture at Countrywide Financial?
A flawed incentive system
